Assetmark Inc. Has $22.27 Million Stock Position in iShares California Muni Bond ETF $CMF

Assetmark Inc. lifted its stake in shares of iShares California Muni Bond ETF (NYSEARCA:CMF) by 5.1% during the first quarter, Holdings Channel.com reports. The firm owned 391,733 shares of the company’s stock after acquiring an additional 18,851 shares during the period. Assetmark Inc.’s holdings in iShares California Muni Bond ETF were worth $22,274,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. WFA of San Diego LLC bought a new stake in iShares California Muni Bond ETF during the 2nd quarter valued at $26,000. Optima Capital LLC bought a new position in shares of iShares California Muni Bond ETF in the fourth quarter valued at $50,000. Ares Financial Consulting LLC acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter valued at about $67,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares California Muni Bond ETF during the fourth quarter valued at about $70,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of iShares California Muni Bond ETF during the fourth quarter worth about $81,000.

iShares California Muni Bond ETF Stock Performance

CMF stock opened at $57.11 on Friday. iShares California Muni Bond ETF has a twelve month low of $55.13 and a twelve month high of $58.44. The stock’s 50 day moving average is $57.27 and its 200-day moving average is $57.46.

iShares California Muni Bond ETF Company Profile

iShares California AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P California AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the S&P California AMT-Free Municipal Bond Index (the Index), which measures the performance of the investment-grade segment of the California municipal bond market and the components primarily include transportation and utilities companies. The Index is a subset of the S&P National AMT-Free Municipal Bond Index and is consists of municipal bonds issued in the State of California.